With our eRent service you can now collect and issue electronic payments via Canada's Automated Clearing and Settlement System (ACSS).
We've partnered with one of the leading providers of Electronic Funds Transfers to ensure the safest and most reliable service.
Collecting rent will be a thing of the past!
Improve Cash Flow
Ensure Funds Collection/Disbursement on due date(s).
Minimize risk of fraudulent, lost and/or stolen transactions.
Eliminate timing (late payments) & reliance on postal system.
Reduce Operating Costs
Decrease costs of preparation & mailing of cheques.
Eliminate collection, preparation and physical deposit of checks.
Minimize transaction & NSF processing charges.
Save banking time.
Features
Allow tenants to pay directly from their bank account to yours.
Manually enter rent, security deposits, utility fees, parking and the sorts.
Setup recurrent items based on your lease terms and the rent is collected automatically.
Use our advanced reporting tools to quickly get the information you need.
Going green
Not only can you save money on postage stamps & checks but you will also help the environment by using eRent. No paper is used for checks and mailings. Have less of a carbon footprint by not using the postal system.
Yes!. Transactions are subject to the requirement of NACHA and the Canadian Payments Association Operation Rules, Rule H1, the Electronic Fund Transfer Act and Regulation E, as promulgated by the Federal Reserve Board.
A pre-authorized debit (PAD) is a withdrawal from a bank account initiated by a company or financial institution that has a written authority to do so. eRent uses PADs for the transfers of funds.
In Canada, Yes. The Canadian Payment Association (CPA) Rule H1 requires that an underlying agreement be signed by the account holder before the biller initiates any PADs. We offer PAD agreements free of charge that you can print and get your tenant to sign.
Pricing
For pricing and more information please contact us.
